The standard unqualified report is issued when the auditor has gathered sufficient evidence, the audit has been performed in accordance with PCAOB standards, and the financial statements conform to GAAP.
Required:
Take an example of a corporation from KSA and explain the important elements necessary for a standard unqualified report issued by an auditor in reporting of financial statements. Give examples on each element. (Chapter 18)
The book reference:
Messier, W. F., Glover, S.M. and Prawitt, D.F. (2014). Auditing and assurance services: A systematic approach (9th ed.). New York: McGraw-Hill/Irwin. ISBN: 9780077862336 (print), 9780077632601 (e-text).
please provide references for the solution and avoid palagarism